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Asia keeps fueling Hermes growth
Asian sales for the luxury retailer grew 11% last year to €1.946 billion (US$2.4 billion), via an improved business in Hong Kong and Macau, with the Asian market “pursuing its upward...
16 April 2018
7-Eleven Thailand implements AI
The 10 million people walking daily into one of the 11,000 7-Eleven stores in Thailand will soon experience a very targeted customer service. The chain signed an agreement with
16 April 2018
Muji launches giant fresh market
The Japanese retailer, which has offered dried foods and snacks from 1980, has opened a giant 4,300 sq.m store, in Osaka featuring its very first market for fresh products. 50% of the store is...
16 April 2018
China’s home electrical market thrives… online
In China, where Dyson manufactures 100% of its home appliance products, high-end products such as handheld cordless vacuum cleaners are becoming increasingly popular. “In China, stick...
16 April 2018
Century Link Mall, THE MALL OF THE MONTH
Located in Shanghai within the Pudong Lujiazui area, the Century Link Mall is going through a whole refurbishment program (Malherbe Paris), following its acquisition from APM China, the property...
16 April 2018
Cosmetics retailer Flormar travels from Turkey to India
Eager to make inroads in India, the Turkish retailer Flormar (350 stores worldwide) signed an exclusive partnership with Reliance Retail, owned by the billionaire Mr. Mukesh Ambani. Around
16 April 2018
Ted Baker enters India via a joint-venture
The U.K. fashion retailer Ted Baker picked the Chanakya Mall in New Delhi to open its first store in India. Covering a sales area of 149 sq.m, it is selling menswear, womenswear and accessory...
16 April 2018
Children’s Place expands into China
The U.S. fashion retailer The Children’s Place (TCP) signed a licensing deal with Zhejiang Semir Garment (Semir), parent company of Balabala, China’s biggest speciality...
16 April 2018
China’s booming pet food spending has global interest
Global investors see a wave of opportunities in China’s pet food market, where households have a rising spending power and show a growing demand for premium-priced packaged pet foods. In...
16 April 2018
Chinese owner struggles to boost House of Fraser’s business
The struggling British chain of department stores House of Fraser (HoF) may be sold by majority shareholder Chinese firm Sanpower Group, which has an 89% stake in HoF and also runs China’s...
16 April 2018
Abu Dhabi aims to attract more foreign visitors
As the Emirate is ramping up tourist resources, including a large new Louvre Museum and easing of visitor regulations for Chinese travellers, Abu Dhabi reported a total of 405,849 visitors to...
16 April 2018
The U.K. retailer ‘Missguided’ opens in the Middle East
In late March, “Missguided” partnered with the Azadea Group to launch stores and online businesses in the U.A.E., Saudi, Kuwait, Bahrain, Jordan, Lebanon and Egypt. The retailer targets
16 April 2018
900 days to transform
Eager to enhance its omnichannel business and encourage all 13,000 staff to adapt to changes, the Chalhoub group has set up a transition programme from January 1st 2018. This will spread over
16 April 2018
Lego to open a new office in Dubai
In 2018, the Danish toy retailer will open in Dubai to expand operations in the Middle East and Africa. In 2017, Lego operated 6 stores in Dubai, 1 in Abu Dhabi’s Yas Mall and others in...
16 April 2018
Dubai’s retail rents to fall in 2018
According to Patrick Chalhoub, C.E.O. of the high-end retailer Chalhoub Group, retail rents are about to face a downward trend in the United Arab Emirates. “You cannot have a situation where...
16 April 2018
Lifestyle retailers gain ground in the Middle East
Often called the Japanese “dollar store” with all its range costing 100 yens (the equivalent of US$1), the discount lifestyle retailer Daiso has gained traction in the Middle East. In...
16 April 2018
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